Berkshire Hathaway Eyes Buying Stake in IRB Brasil Resseguros: Sources
Berkshire Hathaway Inc., the firm run by billionaire investor Warren Buffett, is in talks to buy a stake in Latin America's biggest reinsurer, IRB Brasil Resseguros SA, after an initial public offering of stock, according to two people with direct knowledge of the matter. No deal is likely to be completed before July 27, IRB's IPO pricing date, the people said, asking not to be named because the discussions are private.
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